News

John Hancock Funds launched the John Hancock Alternative Asset Allocation Fund (JAAAX).

Guggenheim Funds Distributors, Inc. has launched the Guggenheim BulletShares High Yield Corporate Bond ETFs.

Natixis Global Associates (NGA) announced two new staff appointments that complete the organizational plan for its retirement strategy group.

Investors worldwide contributed $40 billion of new cash flows to long-term mutual funds in November, two-thirds of which went to equity funds.

Bankrate’s January "Financial Security Index" poll finds many Americans feel less comfortable with their finances now than they did 12 months ago.

The percentage of investors that own exchange-traded funds (ETFs) has increased, while the percentage owning mutual funds has decreased over the past four years, according to a recent Cogent Research...

Nancy Everett is the new Head of BlackRock Fiduciary Management Solutions, a newly created position.

Neuberger Berman Group LLC has hired Eli M. Salzman.

A federal appellate court has ruled that it can be appropriate for a class of defined contribution plan participants to sue for relief under the Employee Retirement Income...

Causeway Capital Management LLC launched Causeway Global Absolute Return Fund, which will have long and short exposures to common and preferred stocks primarily in developed markets worldwide.

The Securities and Exchange Commission’s (SEC) anticipated report, “Study on Investment Advisers and Broker-Dealers,” came out late Friday, and by Monday morning, predictions for the future of the industry...

Russell Investments has launched two new emerging markets indexes.

J.P. Morgan Asset Management hired John Fraser as Managing Director and head of its new U.S. opportunistic real estate investment division. 

Exchange-traded fund (ETF) assets reached a record $995 billion in the United States at the end of 2010, according to State Street Global Advisors.

The "mass affluent," Americans between ages 35-54 years old with $50,000-$250,000 of investable assets, show a noteworthy lack of confidence in financial well-being.

A new finanical management platform, Merrill Edge, combines the banking of Bank of America (BofA) with the investment strategies of Merrill Lynch.

Today PLANSPONSOR announced the 2011 finalists for its annual Plan Sponsor of the Year awards, across five distinct workplace segments. 

Litigation—or more accurately, the fear of litigation—frequently serves to put us on notice.  

At the start of 2011, Joseph Mattei joined Portfolio Evaluations Inc. (PEI) as a Senior Consultant.

The number of securities lawsuits filed in 2010 edged out the record set in 2009, according to the latest quarterly review of securities litigation by insurance researcher Advisen...